French property mortgages and construction costs to build a new home in France
Construction costs for building new homes in France are available for people interested in taking out a French property mortgage.
Below is a list of average costs for building homes in France’s various regions from French government figures, priced in euros:
Alsace €183k, Aquitaine €132k, Auvergne €134k, Brittany €142k, Burgundy €124k, Centre €122k, Champagne-Ardenne €131k, Corsica €159k, Franche-Comtï €148k, Ile de France €168k, Languedoc Roussillon €127k, Limousin €133k, Lorraine €153k, Lower-Normandy €132k, Midi Pyrenees €134k, Nord Pas de Calais €145k, Pays de la Loire €132k, Picardy €129k, Poitou-Charentes €128k, Provence Alpes Cote d’Azur €167K, Rhone Alpes €148k and Upper-Normandy €127k.
The average price of building a property across France is 139,000 euros although this varies from 122,000 euros to 183,000 euros depending on the French region where construction is carried out.
France mortgages – Costs for new build properties
For those looking for a mortgage in France to pay for building their own property, average property size of new builds was €136k, ranging mostly from €130k – €140k across the French regions mentioned above. Costs per square metre ranged from €922 – €1,159.
Price differences are attributed to specification levels, type of construction, and varying costs of labour and materials across the regions.
Property procurement methods also cause cost variations. Self-build projects averaged €742m while builder procurement cost €1,059m and architect project control was priced at €1,234m.
The figures are based on 2007 figures compiled by the government. For further information about construction costs across Europe, it is possible to view analysis and download documents from a benchmarking study of construction costs in the European Union.
Obtaining French property mortgages from experts
Anyone looking to finance building their own property in France can easily discuss their lending requirements with Conti, the UK’s leading provider of overseas mortgages.
Complete an online enquiry and we will call you back promptly. Alternatively, telephone us now on 01273 772 811.
0800 970 0985